Yahoo Adds PayPal Co-Founder Max Levchin to Board

By

John Letzing

Dec. 13, 2012 2:22 p.m. ET

Yahoo Inc. has made its first boardroom reconfiguration since Chief Executive Marissa Mayer took the reins in July.

The Internet company said Thursday it added Yelp Inc. chairman Max Levchin, whom Ms. Mayer has known for years, to its board. Yahoo also parted ways with two directors, The Weather Channel Companies CEO David Kenny and Intuit Inc....